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ROBATA LLC 2

Summary

Robata LLC was originally awarded an EDGE NEED grant on 7/10/2020. An additional grant award of $5,000 was provided due to the effects of a subsequent Shelby County Health Department health directive placed on restaurants, bars and local grocery stores.

Robata LLC is a ramen restaurant located at 2116 Madison Avenue that has experienced at least a 25% drop in revenue as a result of COVID-19. The restaurant has been reduced to to-go orders, sales are down 88%, and staff has been cut dramatically.
Stabilization and Recovery Plan:
• Increased social media outreach and continued traditional advertising.
• Established payment plans with vendors to ensure supplies are ready when business returns.
• Planning to safely reopen dining room when restrictions lift.
• Received $74,100 PPP and $149,900 EIDL.
NEED Grant funds will be used to offset supply costs during recovery period.

Financing Amount:

$5,000

Projected Total Jobs:

Not applicable

Total Investment:

Not applicable

Approved

1/15/2021

ROBATA LLC 2

2116 Madison Avenue, Memphis, TN 38104